Archive

Allianz reportedly trying to buy third APAC insurer

German already has plans for one M&A in Australia, after abandoning bid in Singapore

Second Allianz M&A in APAC draws regulatory scrutiny

IAG to pay A$855m for majority stake in RACQ

Australian regulator takes QBE to court over pricing algorithm

Asic is alleging insurer misled non-life customers about discounts

Algorithm lands IAG with A$40m Federal Court fine

System limited promised renewal discounts, Court finds

Asic sues RACQ over pricing discount failures

The Australian watchdog's chair Sarah Court says "pricing failures are an industry-wide issue"

Apra clamps down on RACQ over significant risk governance weaknesses

Capability and capacity challenges within the risk functions were cited as areas of concern

Hailstorms trigger Australian summer's first 'catastrophic' event

Trade body estimates A$60m insurance bill as 5,000 claims lodged in Queensland